Chart Analysis:
Key Resistance Zone: Price reaches a previous resistance level where selling pressure has emerged before.
Bearish Rejection: The price attempts to break above resistance but fails, forming a strong rejection candle.
Aggressive Sellers: The long upper wick and bearish close indicate sellers stepping in aggressively.
Market Structure: The price fails to create a new higher high, signaling potential downside movement.
Momentum Shift: After rejection, the market shows signs of shifting downward, confirming a potential sell entry.
Trade Setup:
📉 Entry: Sell after a confirmed bearish rejection.
🎯 Target: Next major support level.
📍 Stop-Loss: Above the rejection wick to avoid false breakouts.
Key Resistance Zone: Price reaches a previous resistance level where selling pressure has emerged before.
Bearish Rejection: The price attempts to break above resistance but fails, forming a strong rejection candle.
Aggressive Sellers: The long upper wick and bearish close indicate sellers stepping in aggressively.
Market Structure: The price fails to create a new higher high, signaling potential downside movement.
Momentum Shift: After rejection, the market shows signs of shifting downward, confirming a potential sell entry.
Trade Setup:
📉 Entry: Sell after a confirmed bearish rejection.
🎯 Target: Next major support level.
📍 Stop-Loss: Above the rejection wick to avoid false breakouts.
For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
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FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。